What questions to ask the agent

[Aziz Bangurah]

I'm buying a duplex and just got  pre approved for the loan. I have found a property I like and have contacted the agent. We are viewing the property this Friday. What are things I should look for and what questions should I ask ? The rooms are currently rented. Also should I get an agent ?

[Jay Helms]

In case you aren't able to find a realtor by Friday @Aziz Bangurah, a few questions to ask:

• Historical & current rent rolls
• P&L for last 12-36 months
• copies of current leases &  expiration dates
• last time current tenants had a rate increase
• who is responsible for utilities and grounds keeping (tenant or landlord)

I have a spreadsheet on my site for small multifamily book keeping. Great for beginners who want to know and learn their business. I'd like your feedback on it.